How much does liability insurance cost? Generally, liability insurance policy costs depend on the policy you choose. The most common goes above the state’s legal requirements and is the 100/300/50 limit, which means the insurer will pay up to $100,000 for injuries per person, $300,000 for injuries per accident, and $50,000 for property damage per accident. The cost ranges from $46 a month to $80 a month, depending on the state and the amount of coverage you choose. Contact us today to learn more.
Liability insurance is coverage that pays the other driver for damage or injuries in the event of an accident that the insurer is responsible for. What exactly does liability insurance cover? There are two different kinds: Bodily Injury Liability and Property Damage Liability.
The legal amount you’re required to have varies by state. If you decide on additional coverage, you’re likely to have a higher premium but are better off in the case of an accident. It’s better to have more coverage as accidents, especially ones where you’re at fault, can be very costly. Consider how much you can afford, and get covered.
To learn more about liability insurance rates, visit our finance center in Comanche. Our team will help you decide on the type of coverage that works best for you and your new model. Contact us today to make an appointment.
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(325) 330-8152
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